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ZRVT (Zurvita Holdings) Accounts Receivable : $0.69 Mil (As of Jan. 2013)


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What is Zurvita Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zurvita Holdings's accounts receivables for the quarter that ended in Jan. 2013 was $0.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zurvita Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2013 was 8.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zurvita Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2013 was $-0.63.


Zurvita Holdings Accounts Receivable Historical Data

The historical data trend for Zurvita Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zurvita Holdings Accounts Receivable Chart

Zurvita Holdings Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Accounts Receivable
Get a 7-Day Free Trial - 0.05 0.14 0.20 0.35

Zurvita Holdings Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.41 0.35 0.57 0.69

Zurvita Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Zurvita Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Zurvita Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.691/7.274*91
=8.67

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Zurvita Holdings's accounts receivable are only considered to be worth 75% of book value:

Zurvita Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2013 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.384+0.75 * 0.691+0.5 * 0.343-12.33
-0-0)/17.878
=-0.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Zurvita Holdings Accounts Receivable Related Terms

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Zurvita Holdings Business Description

Traded in Other Exchanges
N/A
Address
800 Gessner Road, Houston, TX, USA, 77024
Zurvita Holdings Inc is a Delaware Corporation. The company is a provider of products and benefits through the use of a multi-level marketing distribution channel which consist of independent business operators. The Company's products include health-related membership programs, residential energy rate plans, identity theft and consumer credit services, as well as numerous low cost ancillary products. It also markets numerous low cost ancillary products such as home warranty, legal assistance and restoration services for identity theft and consumer credit.

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